Associate Commercial Insurance Underwriter (ACIU) case studies
Associate Commercial Insurance Underwriter (ACIU) · Put your knowledge to work in context.
The Associate in Commercial Underwriting (AU) is a designation offered by The Institutes Knowledge Group and presented on its site as "NEW: Associate in Commercial Underwriting (AU)." Its stated pitch is to "Make stronger decisions with modern skills," which signals a focus on judgment-driven commercial underwriting rather than product memorization. The curriculum is built from three core courses - AU 300: Strengthening Commercial Underwriting Decision-Making, AU 301: Analyzing Commercial Accounts, and AU 302: Advancing Commercial Underwriting Strategy - plus one elective chosen from CPCU 551: Managing Commercial Property Risk or CPCU 552: Managing Commercial Liability Risk. The Associate Commercial Insurance Underwriter (ACIU) case studies are 5 cases and about 4,558 words.
1Prairie Ironworks - Renewal Under Loss Deterioration and a Broker Rate Cut Demand
Prairie Ironworks, a structural steel fabricator (NAICS 332312) in Peoria, generates 62M of revenue and runs 340 employees across two shifts. The package program - GL, auto, property, and inland marine on a 1.4M mobile welding rig - renews July 1 at a current premium of 486,000.
875 words, about 4 min2Cedarline Retail Holdings - CAT Loss, Coinsurance Penalty, and a Blanket Limit Request
Cedarline Retail Holdings submits 11 strip centers with total insured value of 148M, written on a 50M blanket limit, 80% coinsurance, and a 25,000 deductible. Current annual premium is 412,000.
909 words, about 5 min3Meridian Binding - Doubling a Segment Through an MGA With No Loss Data
Your company writes 480M of gross written premium. Light manufacturing (NAICS 332) is 6% of the book, running a 94% combined ratio.
927 words, about 5 min4Northline Cold Storage - Spoilage Exposure, Single Water Supply, and a Peak Stock Swing
Northline Cold Storage runs a 310,000-square-foot freezer warehouse in central Iowa, built in 2001. Building value is 48M, refrigeration equipment and racking 22M, and customers' frozen product peaks at 61M from September through November.
916 words, about 5 min5Halverson Packaging - A Requested Backdated Binder After a Known Fire Loss
On February 27, broker Dana Reyes asks you to issue a property binder effective February 1 for Halverson Packaging, a 1.9M TIV account that has been with the company six years. The renewal quote went out January 12 at 14,200, but Halverson never signed or returned the proposal, and the prior policy expired January 31 with no extension provision.
931 words, about 5 min